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flag HyProMag USA leases a Texas facility to recycle rare-earth magnets into high-performance materials by 2027, reducing U.S. reliance on foreign sources.

flag HyProMag USA has secured a long-term lease for a 128,000-square-foot rare-earth magnet recycling facility in Denton County, Texas, set to begin commercial production by mid-2027. flag Using patented HPMS technology, the site will recycle end-of-life magnets into high-performance NdFeB materials, aiming to reduce U.S. reliance on foreign sources. flag The facility, near major rail and air infrastructure, will serve as a national hub with pre-processing sites planned in Nevada and South Carolina. flag It is expected to create 90 to 100 jobs and recover up to 1,557 metric tons of NdFeB material within five years, with a low carbon footprint of 2.35 kg CO2 eq. flag per kg of product. flag The project is backed by partnerships with ILS, Mkango Resources, and CoTec Holdings.

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